Real estate has long been a wealth-building tool for high-net-worth individuals. Beyond its potential for steady income and long-term appreciation, real estate offers unique and powerful tax benefits ...
Forbes contributors publish independent expert analyses and insights. I write about commercial real estate negotiations, deals and legal issues. In New York and elsewhere, governments often try to ...
Section 1250 of the U.S. tax code applies to gains from the sale of depreciated business real estate. If a property was depreciated beyond the straight-line method, the extra depreciation is taxed at ...
Withum partner Brian Lovett, CPA, CGMA, J.D., is the guest on this week’s episode of the Journal of Accountancy podcast. Lovett is scheduled to speak at the AICPA Construction & Real Estate Conference ...
To identify the states with the highest and lowest property taxes, WalletHub said it drew on U.S. Census Bureau data, comparing real-estate property tax rates across all 50 states and the District of ...